Property speculation fuels Iran price hike

On June 2, 2008 · In Iran, Islam, Islamic Economics, Shariah Finance
  • By SIAVOSH GHAZI (AFP) May 27, 2008 12:00 EDT
  • TEHRAN — As Irans economy is buffeted by inflation, the countrys homeowners are fast becoming richer in a real estate bubble that is driving affordable housing beyond the reach of ordinary citizens.
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